Tag: IMF

The IMF goes to war in Ukraine

The IMF has approved a $17 billion loan to Ukraine. The first $3,2 billion tranche has been received today. It’s essential to identify the conditions attached to this Mafia-style “loan.” Nothing remotely similar to reviving the Ukrainian economy is in play. The scheme is inextricably linked to the IMF’s notorious, […]

Egypt – a Pendulum of Chaos

What is happening in Egypt? Is the overthrow of the country’s Islamist president a symbol of American failure? Will the military’s rise to power, followed by a new, perhaps secular government, help to normalize the situation? When Mubarak was toppled, the military made no move to intervene.  And this was […]